LLL

JX Luxventure Limited Announces Record Revenue Financial Results for The Six Months Ended June 30, 2022

Retrieved on: 
Friday, September 9, 2022

HAIKOU, China, Sept. 9, 2022 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: LLL) (the "Company"), a company delivering comprehensive products solutions to global high-net-worth families serviced by our business customers with business segments covering tourism, duty-free cross-border merchandise, eCommerce and B2B SAAS solutions, and menswear, today announced financial results for the six months ended June 30, 2022.  

Key Points: 
  • Total revenue for the six months ended June 30, 2022 was $52.3 million compared to $12.7 million for the six months ended June 30, 2021, an increase of 312% from last year.
  • Our differentiated product offerings and leading market position helped driving our record revenue in the first half of 2022.
  • The Company today filed its six months result report on Form 6-K for the six months ended June 30, 2022 (the "June 2022 Report") with the SEC.
  • This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies.

JX Luxventure Limited Expands Its Product Portfolio And Signs USD50,000,000 Automobile Sales Agreement

Retrieved on: 
Tuesday, July 26, 2022

Kaiwo is an automobile distributor and holds one of the limited number of duty-free car importer licenses ("Duty Free Import License") in China.

Key Points: 
  • Kaiwo is an automobile distributor and holds one of the limited number of duty-free car importer licenses ("Duty Free Import License") in China.
  • Pursuant to the Agreement, Kaiwo will sell high-end foreign luxury automobiles supplied by JX Hainan under the Duty-Free Import License in the amount of up to USD50,000,000.
  • We have decided to expand into the high-end automobile business through our cross-border merchandise segment to capture the market potential.
  • This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies.

Breast Cancer Survivors Have a New Tool to Help Answer Whether Their Cancer is Coming Back

Retrieved on: 
Wednesday, July 20, 2022

TUCSON, Ariz., July 20, 2022 /PRNewswire/ -- As part of its ongoing campaign to work with companies and educate patients on new treatments, Learn Look Locate (LLL) recently announced an innovative and new tool for helping breast cancer survivors assess recurrence of the disease. Custom designed for each patient, Signatera detects small amounts of circulating tumor DNA (ctDNA) in the blood and is readout in a report to help guide doctors and patients on next steps. Signatera should be used concurrently with scans and other blood tests, although it has been shown that Signatera can help determine relapse earlier than standard tools.1 Signatera was created by Natera, a global leader in cell-free DNA testing.

Key Points: 
  • It's an addition to a growing range of tools and resources that will help breast cancer survivors manage their own continuum of aftercare.
  • LLL is a doctor monitored and curated platform dedicated to providing critical information to breast cancer patients and survivors information that is often not widely available through traditional channels.
  • Founded in 2019 by breast cancer survivor, Cynthia Jordan, LLL represents a global movement for breast cancer support and education.
  • LLL focuses on early detection and early diagnosis, aggregating the latest technology and research, the most cutting-edge breast cancer treatments, and information from globally recognized doctors/specialists.

LLL Announces Performance-Based Employment Agreement with CEO Sun "Ice" Lei

Retrieved on: 
Wednesday, July 13, 2022

- 50,000 shares of common stock if the Company reports a 5% -9% improvement from its operation in 2022 compared to 2021.

Key Points: 
  • - 50,000 shares of common stock if the Company reports a 5% -9% improvement from its operation in 2022 compared to 2021.
  • - 75,000 shares of common stock if the Company reports a 10% - 19% improvement from its operation in 2022 compared to 2021.
  • - 100,000 shares of common stock if the Company reports a 20% or more improvement from its operation compared to 2021.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Proactive news headlines including C29 Metals Ltd, Krakatoa Resources, Flynn Gold and Chimeric Therapeutics

Retrieved on: 
Tuesday, July 5, 2022

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Key Points: 
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    Krakatoa Resources Ltd (ASX:KTA) has wrapped up resource drilling at its 100%-owned Dalgaranga Critical Metals Project, around 70 kilometres from Mt Magnet in WA.
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    Chimeric Therapeutics Ltd (ASX:CHM) has strengthened its management team with the appointment of experienced pharma executive Cassandra Harrison as vice president of Clinical Operations and Data Management.
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JX Luxventure Announces US$5,000,000 Shares Repurchase Program and Signs US$30,000,000 Sales Agreement

Retrieved on: 
Wednesday, June 22, 2022

The funds for the repurchases under the Share Repurchase Program will be personally provided by Sun "Ice" Lei.

Key Points: 
  • The funds for the repurchases under the Share Repurchase Program will be personally provided by Sun "Ice" Lei.
  • The Board will be periodically reviewing the Share Repurchase Program and may authorize adjustment of its terms and size.
  • Sun "Ice" Lei will not sell the shares in the public market for at least two years.
  • This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies.

IPValue Management Affiliate Grants License to SK hynix to Patent Portfolio Acquired from Cypress Semiconductor

Retrieved on: 
Wednesday, June 22, 2022

IPValue Management, Inc. (IPValue) today announced that Longitude Licensing Ltd. (LLL) has granted SK hynix Inc. (SK hynix) a worldwide, non-exclusive patent license for the patent portfolio of Longitude Flash Memory Solutions, Ltd. (LFMS).

Key Points: 
  • IPValue Management, Inc. (IPValue) today announced that Longitude Licensing Ltd. (LLL) has granted SK hynix Inc. (SK hynix) a worldwide, non-exclusive patent license for the patent portfolio of Longitude Flash Memory Solutions, Ltd. (LFMS).
  • SK hynix is a top tier semiconductor supplier offering Dynamic Random Access Memory chips, Flash memory chips, CMOS Image Sensors, and SSDs for a wide range of distinguished customers globally.
  • We are pleased to have licensed the LFMS patent portfolio to SK hynix on mutually agreeable terms.
  • SK hynix follows other major semiconductor vendors, including Samsung Electronics, Co., Ltd. and Micron Technology, Inc., as a licensee of the LFMS patent portfolio.

JX Luxventure receives Nomination for the "Best Software Solution Provider" Award

Retrieved on: 
Friday, June 3, 2022

Ms.Sun "Ice" Lei, Chief Executive Officer of the Company commented:"Other nominees for this award are all well-known software and cross-border merchandise providers in the world, including Oracle China, Shoplazza and GiiMall.

Key Points: 
  • Ms.Sun "Ice" Lei, Chief Executive Officer of the Company commented:"Other nominees for this award are all well-known software and cross-border merchandise providers in the world, including Oracle China, Shoplazza and GiiMall.
  • We are truly honored that the Company, being the only early-stage company, was nominated for this award.
  • This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

JX Luxventure Signs Technology Consulting Agreement for Metaverse

Retrieved on: 
Thursday, June 2, 2022

Pursuant to the Agreement, JX Hainan will provide technology consulting services to Tianjin Wei Ka for entering into Metaverse by delivering a solution for an NFT based virtual human host to be used on live stream platforms.

Key Points: 
  • Pursuant to the Agreement, JX Hainan will provide technology consulting services to Tianjin Wei Ka for entering into Metaverse by delivering a solution for an NFT based virtual human host to be used on live stream platforms.
  • Our technology team is now leveraging this expertise to deliver solutions to help Tianjin Wei Kato enter into Metaverse.
  • I expect our technology consulting service will become one of the key business segments in the future."
  • This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies.

JX Luxventure Limited Signs USD10,000,000 Sales Agreement

Retrieved on: 
Tuesday, May 24, 2022

HAIKOU, China, May 24, 2022 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: LLL) (the "Company"), a company delivering comprehensive products solutions to global elite families serviced by our business customers with business segments covering menswear, cross-border merchandise and tourism, announced today that, on May 21, 2022,  Beijing Heyang International Travel Service Co., Ltd. ("Beijing HITC"), a subsidiary of the Company, entered into and executed a Group Airline Ticket Framework Agreement (the "Agreement") with Tianjin China Travel International Travel Service Co., Ltd. ("Tianjin CTITC").  Pursuant to the Agreement, Tianjin CTITC will purchase from Beijing HITC airline tickets in the amount of up to USD10,000,000.  

Key Points: 
  • Pursuant to the Agreement, Tianjin CTITC will purchase from Beijing HITC airline tickets in the amount of up to USD10,000,000.
  • Headquartered inHaikou, China,JX Luxventure Limitedis a company delivering comprehensive products solutions to global elite families serviced by our business customers with business segments covering menswear, cross-border merchandise and tourism.
  • This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.